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Monday, 25 May 15
CFR SOUTH CHINA COAL SWAP : Q3, Q4'15 & Q1'16 INCREASED M-O-M AND W-O-W
Coal ConveyorCOALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.55 (3.09%) per MT month over month and US$ 0.72  (1.41%) per MT week on week.

A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a certain period of time.

According to DSP of SGX AsiaClear thermal coal derivatives, as reported on Friday 22 May 2015, performance of CFR South China Coal swap Q3, Q4 2015 and Q1 2016 delivery swaps were gained month over month and w-o-w.

CFR South China Coal swap
CFR South China Coal swap average for Q4' 15 delivery has increased US$ 1.70 per Mt month over month on 22 May 2015 and closed at US$ 52.05 a ton. The swap average for Q1’ 2016 delivery also gains month over month and week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 22 May 2015.

Q1’ 2016 delivery swap closed at US$ 52.30 a ton on 22 May 2015 US cents 50 higher compared to previous week closing and a US$ 1.85 (2.27%) per MT higher from 22 April 2015 closing price of $ 50.45 per MT.

Q3' 2015 vs Q1’ 2016
API 8 CFR South China coal swap average for Q3’15 delivery closed at US$ 51.77 pmt on 22 May 2015 a $ 0.53 lower than Q1 2016 closing price of US$ 52.30 per mt.

Q4' 2015 vs Q1’ 2016
API 8 CFR South China Coal swap average for Q4’ 2015 delivery closed US$ 0.25 (0.48%) per MT lower compared to average Q1’ 2016 delivery price of US$ 52.30 per MT on 22 May 2015.

According to this past week's swaps trend, average for deliveries Q3, Q4 & Q1 2016 were increased month over month and week over week. Q4 2015 as well as Q1 2016 coal swaps closed higher than Q3 2015 closing price of US$ 51.77 per MT.
Data Source: SGX

The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above are reported on a best-effort basis SGX’s daily report and are not guaranteed to be accurate or error free. Readers are advised to refer to the official DSP available through the clearing members.


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Recent News

Tuesday, 26 May 15
MINING ASSOCIATION PERHAPI PUSHES FOR 35,000 MEGAWATT ELECTRICITY PROGRAM - JG
The Indonesian Mining Professionals Association, or Perhapi, has announced its support for a 35,000-megawatt national electricity program, saying i ...


Tuesday, 26 May 15
FOB INDONESIA COAL SWAP; UP WEEK OVER WEEK
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, this past week. The Q3 swap was declined ...


Monday, 25 May 15
FOB NEWCASTLE COAL SWAP Q1'16 CLOSED LOWER THAN Q3'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.92 per MT (2.07%) month over month and US$ 0.70 week on week. ...


Sunday, 24 May 15
INDONESIA TO INDIA PANAMAX CHARTER RATES WERE RATING AT AROUND US$ 5500
COALspot.com: The freight market softened in all segments this past week. The BDI was dropped 7.57 percent week over week and closed at 586 po ...


Friday, 22 May 15
FOB INDONESIA COAL Q3'15 SWAP FINISHED THE WEEK UP 38 CENTS TO $43.65 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, past week. The Q3 swap was declined US$ ...


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